Nano Dimension (Nano Dimension) ROCE % : -3.51% (As of Dec. 2023)

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What is Nano Dimension ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Nano Dimension's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.51%.

Nano Dimension ROCE % Historical Data

The historical data trend for Nano Dimension's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nano Dimension ROCE % Chart

Nano Dimension Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-45.12

-13.72

-20.14

-18.05

-5.02

Nano Dimension Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-34.75	8.75	-2.21	-23.67	-3.51

Nano Dimension ROCE % Calculation

Nano Dimension's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-55.121	/	( ( (1203.458 - 37.033)	+	(1064.338 - 34.472) )	/ 2 )
	=	-55.121	/	( (1166.425	+	1029.866)	/ 2 )
	=	-55.121	/	1098.1455
	=	-5.02 %

Nano Dimension's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-36.26	/	( ( (1073.067 - 37.007)	+	(1064.338 - 34.472) )	/ 2 )
	=	-36.26	/	( ( 1036.06	+	1029.866 )	/ 2 )
	=	-36.26	/	1032.963
	=	-3.51 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Nano Dimension (NAS:NNDM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Nano Dimension ROCE % Related Terms

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Nano Dimension (Nano Dimension) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nano Dimension Ltd (NAS:NNDM) » Definitions » ROCE %

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2N5B:Germany

Address

2 Ilan Ramon Street, Ness-Ziona Science Park, Ness Ziona, ISR, 7403635

Website

https://www.nano-di.com

Nano Dimension Ltd is a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME). High-fidelity active electronic and electromechanical subassemblies are integral enablers of autonomous intelligent drones, cars, satellites, smartphones, and in vivo medical devices. It necessitates iterative development, IP safety, fast time-to-market and device performance gains, thereby mandating AME for in-house, rapid prototyping and production. Nano Dimension machines serve cross-industry needs by depositing proprietary consumable conductive and dielectric materials simultaneously, while concurrently integrating in-situ capacitors, antennas, coils, transformers and electromechanical components, to function at an unprecedented performance.